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Why a summer rate cut is still in play despite inflation ‘shocker’
Daily Telegraph· 4 days agoThe reaction is a blow for Sunak – but, given Bank of England officials have repeatedly hinted at summer cuts, traders also risk being too pessimistic. Yael Selfin, chief UK economist at KPMG ...
The economic stars aligned for an early election. The Tories had nothing left to lose
The Telegraph via Yahoo Finance· 4 days agoWhat is more, hopes of imminent relief for those having to refinance two and five-year fixed-rate...
UK inflation: When will the Bank of England cut interest rates?
Daily Telegraph· 4 days agoInterest rates are expected to fall this year as inflation drops back towards the Bank of England’s...
Abrdn CEO Bird exits abruptly after four rocky years
StreetInsider· 2 days agoLONDON (Reuters) -Abdrn CEO Stephen Bird has stepped down, the British fund manager said on Friday, after a turbulent four-year tenure marked by deep outflows of client cash and a controversial ...
Bank of England on course for summer rate cut, suggests deputy governor
The Telegraph via Yahoo Finance· 6 days agoData released on Wednesday is expected to show inflation of 2.1pc in the year to April, close to the...
Top CD Rates Today, May 23, 2024 - 7 Leaders Are Paying 5.50% or Better
Investopedia· 3 days agoTo combat decades-high inflation, the Federal Reserve aggressively hiked the federal funds rate...
Pound holds steady after Sunak's snap election announcement
Yahoo Finance UK· 3 days agoGoldman Sachs said: "Given firmer incoming price and wage data, we no longer expect a June Bank Rate...
Summer interest rate cut ‘possible’, says Bank of England deputy governor
PA Media: Money via Yahoo Finance· 6 days agoMr Broadbent will be replaced in his role by Clare Lombardelli, chief economist for the Organisation...
BoE's Broadbent:
The Forex Market· 6 days agoBank of England (BoE) Deputy Governor Ben Broadbent said on Monday that it was possible that the BoE could cut the policy rate this summer, per Reuters....
How much interest would a 6-month CD earn now?
CBS News· 5 days agoOpen a six-month CD to generate stronger returns now. At 5.30%: You would earn $26.16 in interest for a total of $1,026.16 after six months. At 5.27%:...
